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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: dennis michael patterson who wrote (24346)	6/14/2000 12:05:00 PM
From: Lee Lichterman III	Read Replies (1) of 42787

Dennis, thanks for writing. I can just picture you sitting like in that IBM commercial with the voice activated head set with historical midevil architecture in the background screaming byand sell as the pigeons fly around you. -ggg- Strange market today, the TRIN seems OK but the market is not moving much. Is there something a miss or are they quietly accumulating for a stronger move later? hmmmmm Things look OK but as I said last night, the charts aren't aligning with the sentiment. My charts are still on mostly buy signals but the Rydex and put/call ratios along with most max pains are saying we should go lower. I also see a problem with leadership for tech since most of the street darlings are over bought already. Example is EMC, bulls are trying hard to avoid a triple top and are trying to break it out but the climb was too slow earlier and it is showing a sell on my system. SUNW, NOK and a few others are in the same boat. SOX except for INTC was in teh same prediciment this weekend and INTC can't do it all alone. Got to go and see if my triggers have been hit yet. Enjoy your trip. Find any good wine yet? Good Luck, Lee

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